Luxora, AR Foreclosures
How much do homes sell for in Luxora, AR?
The average home price is currently $73,824.
What’s the average rental cost in Luxora, AR?
The average rental price in Luxora is $831.
What is the most expensive home in Luxora?
The most expensive home sold in Luxora had a price of $804,963.
What is currently the cheapest priced home in Luxora, AR?
The cheapest home for sale in Luxora is priced at $17,025.
Living in Luxora, AR
Luxora, Arkansas, is a charming small town known for its friendly community atmosphere and beautiful natural surroundings. With access to outdoor activities and essential amenities, it offers a great lifestyle for residents. The rich history of the town adds to its unique character, making it an attractive option for real estate investment.
Current Market Conditions in Luxora, AR
The real estate market in Luxora remains stable, with home prices showing consistent values over the past few years. The demand for affordable housing in smaller towns has increased, making Luxora an attractive option for first-time buyers and investors looking for rental properties.
With a growing trend towards remote work and a desire for more spacious living areas, Luxora has seen an increase in interest from those looking to escape urban living. As a result, property values are expected to gradually rise, making it a favorable market for real estate investments.
Home Value Estimator For Luxora, AR
There are currently 327 real estate properties
in Luxora, AR,
with a median automated valuation model (AVM) price
of $52,657.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Luxora, AR, based on current market
trends, comparable real
estate sales nearby, historical data and, of course, property features, among other
variables. These automated home estimates are often very helpful, providing buyers
and
sellers with a better idea of a home’s value ahead of the negotiation process. For
example,
the average home price in Luxora, AR,
is $73,824.00, with the most expensive house
in Luxora, AR, topping out
at $804,963.00 and the cheapest home
in Luxora, AR,
clocking in at $17,025.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Luxora, AR!
Rent Prices
In Luxora, AR
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Luxora, AR, is on
a rollercoaster ride. The
average rent price in Luxora, AR,
is $831.00. Indeed, when looking to rent in
Luxora, AR, you can expect to pay as little
as $480.00 or as much
as $1,700.00,
with the average rent median estimated to
be $800.00. The good news is that finding
an affordable and desirable property to rent in Luxora, AR
-- whether it’s apartments,
townhomes, condominiums or single-family homes -- is made easier with knowledge of
the
local market and, of course, a little patience.
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